California will fund 262 organizations providing mental health services to children, youth and young adults.
Investment & Transactions
Dayton (Ohio) Children's is planning a $12 million behavioral health campus in Miamisburg, Ohio.
Franklin, Tenn.-based Summit Behavioral Healthcare is investing $4.5 million to expand its headquarters.
Chicago-based CommonSpirit Health is planning to add behavioral healthcare to four new sites in 2024.
Deal-making in the mental health and substance use disorder market is declining, according to a report from Provident Healthcare Partners.
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Headway, a digital health startup that works to connect patients with therapists, raised $125 million in series C financing.
Providence, R.I.-based Care New England has started construction of a 25-bed short-stay unit at Butler Hospital.
Hackensack Meridian Health has expanded and begun operating an 81-bed behavioral health unit at Raritan Bay Medical Center in Perth Amboy, N.J.
Franklin, Tenn.-based Acadia Healthcare reported net income of $71.2 million in the second quarter of 2023.
Behavioral health care startup NeuroFlow has acquired Capital Solution Design, parent company of Behavioral Health Lab and BHL Touch, a technology infrastructure provider for the Department of Veterans Affairs.